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AAUKY News and Press, Anglo American Plc ADR From 06/08/20

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Company Name: Anglo American Plc ADR
Stock Symbol: AAUKY
Market: OTC
Website: angloamerican.com

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AAUKY - Copper to gain as trends signal demand surge, Jefferies says

Copper miners including Freeport McMoRan ( FCX +3.2% ) and First Quantum Minerals ( OTCPK:FQVLF +0.7% ) likely will outperform the broader market if positive trends continue for the metal in the current "fertile" environment, Jeffries analysts Timothy Ward and Chris LaFemina say. More ...

AAUKY - Iron ore surges as Vale shuts down mining complex on virus concerns

Chinese iron ore futures surge as much as 7.5% on increasing supply concerns, after major iron ore supplier Brazil shut down a Vale ( VALE +0.8% ) mining complex because 188 workers tested positive for the coronavirus. More news on: Vale S.A., Rio Tinto Group, BHP Group, Commodities n...

AAUKY - Copper pushes higher as investors bet on economic recovery

Copper prices ( HG1:COM ) climb to the highest since mid-March and are on track for their biggest weekly gain in 15 months as coronavirus lockdowns ease and risk appetite continues to rise. More news on: Global X Copper Miners ETF, iPath Bloomberg Copper Subindex Total Return ETN, United...

AAUKY - Copper hits highest since mid-March on China recovery

Copper prices climb to 11-week highs as more signs emerged that the economy in China is extending its recovery from the coronavirus outbreak. More news on: Freeport-McMoRan Inc., BHP Group, Rio Tinto Group, Commodities news, News on ETFs, Read more ...

AAUKY - Iron ore powers past $100/ton; BHP, Rio upgraded at BofA

Iron ore futures ( SCO:COM ) surge to $101.50/ton in Singapore trade, driven by supply woes in Brazil and strong, sustained demand in top steel producer China. More news on: Iron Ore Futures, Rio Tinto Group, BHP Group, Commodities news, Stocks on the move, Read more ...

AAUKY - Iron ore surges past $100/ton as virus crisis hits Brazil supply

Dalian iron ore futures ( SCO:COM ) rise for a seventh straight session , closing more than 2% to 722 yuan/ton ($101.67), as concerns about tightening supply from coronavirus-hit Brazil outweighed the bleak outlook for global steel demand. More news on: Vale S.A., Rio Tinto Group, BHP Gro...

AAUKY - Iron ore prices surge as Brazil's coronavirus crisis disrupts market

Brazil's deadly coronavirus outbreak has disrupted global supplies of iron ore just as demand from China is improving, pushing iron ore prices to seven-month highs . More news on: Rio Tinto Group, BHP Group, Vale S.A., Commodities news, Stocks on the move, Read more ...

AAUKY - Copper pops to biggest daily gain in a month as investors turn bullish

Copper climbed 3% to $5,318/ton, while nickel and other industrial metals also jumped, according to final closing prices for three-month contracts on the London Metal Exchange, as an easing of coronavirus lockdowns in many countries and hopes for a vaccine spark optimism. More news on: ...

AAUKY - Chinese demand lifts iron ore price to highest in two months

Iron ore broke above $90/ton this week for the first time since mid-March, as Chinese government data showed industrial production rebounding in April after collapsing due to the coronavirus outbreak. More news on: BHP Group, Rio Tinto Group, Vale S.A., Commodities news, Read more ....

AAUKY - Norway wealth fund dumps Glencore, Anglo, others for coal use

Norway's central bank says it has sold its shares in Glencore ( OTCPK:GLCNF , OTCPK:GLNCY ), Anglo American ( OTCQX:AAUKF , OTCPK:AAUKY ), Sasol (NYSE: SSL ), RWE ( OTCPK:RWEOY ) and AGL Energy ( OTCPK:AGLNY ) for their use and production of coal. More news on: Glencore plc, Glencore p...

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